West Red Lake Gold Q2 FY26 adjusted net earnings rise 98% to C$12.63 million; revenue increases 17% to C$49.04 million

Reuters2026/08/26 08:55

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West Red Lake Gold posted Q2 adjusted net earnings (non-IFRS) of CAD 12.63 million, more than doubled from Q1.
Revenue rose 17% from Q1 to CAD 49.04 million, lifting income from mining operations 31% to CAD 20.08 million.
Adjusted EBITDA (non-IFRS) climbed 54% from Q1 to CAD 22.11 million as operating margin widened 4 percentage points to 41%.
All-in sustaining cost fell 30% from Q1 to US$ 3,284 per ounce sold; cash costs dropped 23% to US$ 2,000.
Gold production increased 51% from Q1 to 8,576 ounces; free cash flow swung to CAD 9.66 million from a deficit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. West Red Lake Gold Mines Ltd. published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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West Red Lake Gold Q2 FY26 adjusted net earnings rise 98% to C$12.63 million; revenue increases 17% to C$49.04 million

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